Liven construction has started on 179 homes across the next phases of its Regati and Iseära developments, the company announced on October 23, 2026. Wholly owned subsidiaries have signed general contractor agreements, with completions scheduled for 2027 and 2028. Liven expects the homes to support revenue and results in those years.

Key Takeaways

  • Regati phase II comprises 102 homes, with completion split between late 2027 and the first half of 2028.
  • Iseära will add 77 homes in terraced houses and apartment buildings during 2027.
  • At the announcement date, 24 Regati homes and 26 Iseära homes had been sold or booked.

Table of Contents

Liven construction extends Regati into 2028

Liven Kodu 20 OÜ signed the Regati phase II agreement with Mitt & Perlebach OÜ, retaining the general contractor that built the first phase. The new phase includes 102 homes and commercial premises across three apartment buildings.

The first building is scheduled for completion at the end of 2027, followed by the other two in the first half of 2028. The construction scope also includes promenade works.

Regati’s first phase, comprising 112 homes and seven commercial premises, was completed at the end of 2025. By the October 2026 announcement, 85% of those homes had been sold. In phase II, 24 homes, or 24%, had been sold or booked, including 27% of the homes in the first building.

ItemDetails
Regati phase II construction€28.3 million base value, including promenade works, plus VAT.
Iseära terraced-house constructionNearly €9.0 million base value, plus VAT.
Iseära apartment-building construction€4.7 million base value, plus VAT.

Iseära adds two housing formats in 2027

Liven Kodu 16 OÜ signed agreements with Tesron Ehitus OÜ for seven terraced houses and three apartment buildings in Harkujärve village. Tesron has also served as general contractor for all previous terraced houses in the project.

The terraced houses will contain 43 homes, scheduled for completion in autumn 2027. The apartment buildings will add 34 homes at the end of that year. The base construction values for the two developments are listed below; all exclude VAT.

Earlier Iseära phases comprise 107 homes in terraced houses and 36 in apartment buildings, either already completed or scheduled to be finished by the end of 2026.

Bookings indicate commitments, not completed deliveries

Across Iseära’s new phase, 26 of the 77 homes, or 34%, had been sold or booked. The proportion was 42% for terraced-house homes and 24% for apartments. These combined sales-and-booking figures should not be read as completed home deliveries.

Liven’s home-buying process explains that once construction begins, buyers can no longer change a home’s layout, although interior finishes and furniture choices remain available during the first months of building. The company lists a buyer contribution of 15% of the purchase price at this stage. This is general purchasing information, separate from the construction announcement.

The announcement sets out the delivery pipeline but provides no numerical revenue or profit forecast for either project.

Conclusion

The next scheduled delivery milestone is Iseära’s 43 terraced-house homes in autumn 2027. Regati’s first phase II building and Iseära’s new apartments are due at the end of 2027, with the remaining Regati buildings following in the first half of 2028.

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